Iran Tells American Investors to ‘Go Long’ – $900 Billion Rally Follows
Following a weekend post by Iran's Parliament Speaker advising investors to 'go long' on market dips, the S&P 500 rallied, recovering nearly $900 billion.Summary
Mohammad Bagher Ghalibaf, Speaker of the Parliament of Iran, advised American investors on Sunday that pre-market news from US officials often serves as a setup for profit-taking, urging them to "go long" if the market is dumped. This advice preceded a significant market move: S&P 500 futures initially fell nearly 1% but reversed losses by Monday morning. Later, President Trump posted on Truth Social about being in talks with a "new and more reasonable regime" in Iran regarding military operations. Following this, the S&P 500 traded significantly higher, recovering approximately $900 billion in market capitalization from its overnight low. Analysts noted this was a classic headline-driven volatility amid ongoing geopolitical tensions, stressing that no formal agreement had been reached, and the rally's sustainability depends on actual diplomatic progress.
(Source：BeInCrypto)